Put your self in the consumer’s sneakers—would you rather hear an honest but tough assessment of your financial plan or a thinly veiled gross sales pitch? Financial Analysis These professionals want a radical understanding of the rules of accounting, economics, and complex financial calculations. Customer Service Financial planners must talk regularly with clients and appropriately assess their needs.
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Communication These professionals should communicate verbally and in writing with shoppers, usually relaying advanced data. Decision-Making Financial planners must evaluate the danger and reward of potential investments to be able to advise their shoppers. Financial planners might have to conduct networking and marketing to fulfill new purchasers. Methods may embody internet hosting educational seminars on retirement planning, attending conferences of local civic and enterprise associations, or growing informational blogs for a website.
Because advisors generally earn commissions from the funds that they promote, they have a financial incentive …